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    Vikshita Vitthal Gujaran in News

    08 Mar 07:45 AM


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    Inflows into equity mutual funds increase in February to ₹26,866 crore: AMFI data

    Equity funds witnessed significant inflows in February, with small-cap funds leading the way. Total assets under management(AUM)of mutual funds increased by 3.42%, reaching ₹54.54 lakh crore. Sectoral/thematic funds and debt mutual funds also saw notable inflows during the month.

    According to the data released by the Association of Mutual Funds in India(AMFI) on Friday, inflows in the equity category saw a significant surge. February witnessed inflows amounting to ₹26,866 crore,as disclosed by the AMFI data.

    Small-cap funds took the lead with a net inflow of ₹2,922.4 crore, followed by mid-cap funds with ₹1,808.2 crore, and large-cap funds trailing closely behind with ₹921.14 crore in net inflows.

    For the 36th consecutive month since March 2021, equity funds have continued to see positive inflows. It is worth mentioning that investments through systematic investment plans (SIPs)reached a new all-time high of ₹19,186 crore last month,up from ₹18,838 crore in January.

    Source - MInt